Periodicity of meetings of Committees of Write off of irrecoverable demands and raising of monetary ceiling - Modification of Instruction No. 16/2003, dated, 18-11-2003

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.... Instruction No. 2/2010 Dated 18-3-2010 Reference is invited to Instruction No. 16/2003 dated 18th November, 2003 in which constitution of various Committees for recommending of write off of Income tax arrears were suggested. Paras 6 & 7 of the above instruction mandated that the meetings to be held at least once in a month and report regarding the same to be sent to the Reporting Authority eve....

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....a brief report of the meetings of the Zonal Committee every quarter to the Directorate of Income Tax (Recovery), Mayur Bhawan, New Delhi and endorse a copy thereof to the Board. The meetings must be held by the 15th of the last month of the quarter and report thereof must reach by the 30th of the month to the Directorate of Income Tax (Recovery). Similarly, the senior most Commissioner will send a....